Ottu and Mastercard To Enhance Payments Across the GCC

In a new regional alliance, Mastercard has inked a deal with Ottu, a
fintech trailblazer in the Middle East.

The synergy aims to empower Ottu’s capabilities by integrating the
cutting-edge Mastercard Gateway service, enabling a range of local payment
options across Kuwait, Qatar, Bahrain, and Oman.

Mastercard, the
juggernaut in the tech-driven payments realm, has thrown its weight behind fintech Ottu through a Memorandum of Understanding in yet another financial
coming together. The focus? Ottu’s integration of Mastercard Gateway, a
tech marvel that offers a quantum
leap in payment processing and fraud prevention. It’s not just a gateway;
it’s a portal to secure, innovative, and globally competitive digital payments.

Mastercard has signed a memorandum of understanding (MOU) with Ottu . This partnership is primarily focused on Ottu’s integration of Mastercard Gateway, enabling a range of local payment methods in Kuwait, Qatar, Bahrain, and Oman. #Fintech #PaymentSolution #OPMS pic.twitter.com/sS3u5m5r1P

— Ottu (@GetOttu) November 9, 2023

Ottu’s Streamlined Payments

Ottu offers an Online Payments
Payments

One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl

One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl
Read this Term Management Solution (OPMS) to its
customers, allowing for seamless online payments across diverse industries. The
fintech
Fintech

Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl

Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl
Read this Term not only connects various sales channels and payment methods but also creates
an efficient ecosystem where transactions flow smoothly.